Ready To Retire? Do It With A Dividend Growth Portfolio [View article]

Ready To Retire? Do It With A Dividend Growth Portfolio [View article]

Doug,

Great articleI am now in year 4 of the very same plan with many of the very same holdings.We own 20 "direct investment" plans,and have found this to be a outstanding way to build slowly therefore dollar cost averaging.Total we own 53 different securitiesWe re balance once per year and or more frequently if events dictate changeWe set goals for yearly dividend income

Stocks like PG,JNJ,XOM, will often be over valued.Still they should be the cornerstone to building any DGI portfolio.That is why you direct/drip invest them and or buy them quarterly and slowly over a few year period.I am 4 years plus into building my DGI portfolio,4 years of dollar cost averaging both my buys and in some cases my sales.This coming July I will have 200k available to me in dry powder.I already have in mind a few stocks I wish to buy,and buying slowly and methodically is my challenge.

Nothing is guaranteed in stone,including your health,and or right to live 25 more years.I will take my chances with Dividend Growth Stocks over 2% CDs,mutual funds, and annuities.In 2008,I kept waiting for my super outstanding mutual funds to take action and stop the eroding price per share.Mutual Fund managers had no answers...My mutual funds fell just as hard as anyone else's portfolios,if not harder.

Another Stock To Build A Retirement Portfolio Upon At Any Age [View article]

I own only 1 bankWFCIf forced to buy a 2nd,it would be BMOI am far from a LIBERAL,but I despise what "Bush's Boys" did to our banking system.NONE of them held accountableOur banking has NO INTEGRITY,yet our neighbors north of the border in Canada wont allow the same to happenFace it America, We are politically correct,and morally bankrupt !~

Chowder,First off congratulations on your SUPERBOWL win.Second, I hope you own a super snowblower.Third, CLX is terribly overvalued,I just added $2400 more to round out my position to 1 full portfolio share <$10,000>Sticking to my gameplan,in spite of the nay sayers.